Hi amit…i read about your investment in index stocks as against index investing. You are sure ahead of time. You wrote that in 2017 and now in 2022 i thought about it. What i have done is , i shortlisted 12 stocks out of Nifty 50 stocks, excluding those stocks which are cyclical, PSU, high debt like Adani etc. Then selected 10 stocks from Nifty Next 50 on similar criteria. Franklyi could find in total 22 stocks out of these nifty 100 stocks worthwhile to invest. Then using soic course and valuepickr i shortlisted 8 stocks with high growth and from midcap category. So in total i constituted 30 stocks index of my own. Now going forward,iwould be tracking those 8 stocks in more depth, while 22 stocks i will be just listening to concalls and management interviews to get the bigger picture and overall direction of the company. What are your views about this and also if possible if you could provide your video or audio talk or transcript in mumbai VP meeting that you mentioned…
@Yogesh_s . As you have mentioned, about annual reshuffling…what i intend to do is …keep invested till the time business structure doesn’t get violated or may be the stock gets thrown out of nifty 50 or Nifty Next 50…then i will also sell…but i would require your view on this aswe know, Yes bank problem happened in i think 2018 and recently it was thrown out of nifty next 50…so it took them 4 years to act on it. In your 10 stocks blue chip in first post you have included yes bank as enterprising stock. And you were writing this in 2017and we know what happened to yes bank…so to avoid such shocks in future ,even in 10 stock bluechip , what precautions we can take?
And one elementRy question…if the objective is to beat index and sleep peacefully then why just 10 bluechip.? Why not 30??? Kindly guide